06/16/2020
The Economic Injury Disaster Loan has reopened for all small businesses. Funds are not pile high, so don’t wait to apply!
While this is a repayable loan, the uses are much more flexible than PPP and with terms up to 30 years. And the interest rate is 3.75%! This can make a big difference in helping sustain your business while people regain the confidence to start going out again.
Don’t miss out!!!
Please help get the word out. It can make a difference for some business owners who are really struggling. Non-profits qualify too.
In case you missed it: Yesterday U.S. Small Business Administration announced that all small businesses may now apply for EIDL who have experienced financial hardship due to COVID-19. This low-interest loan may help many small businesses as they work through temporary loss of revenue.
Apply for this program today ➡️https://www.sba.gov/disaster